After months of delays, the U.S. Senate Banking Committee is expected to move forward with deliberations on a digital asset market regulation bill during the second week of January. According to reports and sources familiar with the matter, the Banking Committee may hold a conference meeting on the Responsible Financial Innovation Act during the second week of January. This move marks a significant milestone for the legislative effort, which has been slow to progress due to Democratic lawmakers’ concerns about decentralized finance and the longest government shutdown in U.S. history. Cody Carbone, CEO of the digital asset advocacy group The Digital Chamber, stated that the Senate will hold at least one amendment session in the second week of January regarding pending market structure legislation. Additionally, the U.S. Senate Agriculture Committee is also reviewing its version of the market structure bill, which may subsequently be submitted for a full Senate vote. This market structure bill, previously passed by the House in July under the name the "Digital Asset Market Clarity Act" (CLARITY), is expected to grant the U.S. Commodity Futures Trading Commission (CFTC) greater authority to regulate digital assets. Early drafts of the Senate bill indicate that the CFTC and the U.S. Securities and Exchange Commission (SEC) will collaborate more closely on cryptocurrency regulation.